Astonishing Cyber Liability Insurance Secrets Real Estate Investors Love
Real-World Examples and Statistics
In recent years, the real estate sector has witnessed several high-profile cyber incidents that underscore the importance of robust insurance coverage. For instance, a 2022 report revealed that the real estate industry experienced a 300% increase in cyberattacks, primarily targeting transaction data and personal client information2.
Another study highlighted that over 60% of small businesses affected by cyber incidents go out of business within six months3. This statistic emphasizes the critical need for real estate investors to proactively secure their digital assets with comprehensive insurance solutions.